Home Insurance Terry Taylor’s Automotive Administration Companies buys AutoFair Automotive Group

Terry Taylor’s Automotive Administration Companies buys AutoFair Automotive Group

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Terry Taylor’s Automotive Administration Companies buys AutoFair Automotive Group

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AutoFair was led by CEO Andy Crews, a member of the Nationwide Vehicle Sellers Affiliation board of administrators and winner of the 2015 Time Supplier of the Yr award. Crews started his automotive profession as a technician in 1986, in response to his biography on NADA’s web site.

AutoFair was based in 1991, in response to its LinkedIn web page.

“I got here to New Hampshire practically 16 years in the past to be a part of the possession crew that purchased AutoFair from the inspiration Dan Prior had began,” Andy Crews stated in a press release on media firm Manchester Ink Hyperlink’s web site. “I’m pleased with what our crew has constructed and my years on the helm of AutoFair.”

The New Hampshire Union Chief reported that Crews will depart AutoFair after a transition interval and goes to spend the following 90 days to 6 months “winding down the investor group firm that owns AutoFair.”

Crews instructed the newspaper that AMSI additionally purchased AutoFair’s naming rights.

A consultant with AMSI of West Palm Seashore, Fla., didn’t reply to a request searching for remark.

AutoFair ranks No. 131 on Automotive Information‘ listing of the highest 150 dealership teams based mostly within the U.S., retailing 7,022 new autos in 2020.

AutoFair is now the fourth group on Automotive Information‘ prime 150 listing to be acquired this 12 months. Its transaction follows the sale of No. 21 Suburban Assortment, the overwhelming majority of No. 18 Prime Automotive Group and No. 42 RFJ Auto Companions Holdings Inc.

Asbury Automotive Group Inc.’s pending deal to purchase Larry H. Miller Dealerships, No. 8 on the listing, is ready to shut by year-end.

The AutoFair buy is the most recent identified acquisition by Taylor.

Taylor purchased a Chevrolet-Buick-GMC-Cadillac dealership in Lowell, N.C., the Gaston Gazette reported final month. In March, Taylor purchased a Toyota retailer in West Roxbury, Mass., from Prime Automotive Group.

Taylor’s actual dealership possession is not identified. In March 2018, Automotive Information estimated Taylor owned about 120 U.S. dealerships, many within the Southeast.

Alan Haig, president of Haig Companions, a buy-sell agency in Fort Lauderdale, Fla., represented AutoFair within the transaction.

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